SAR Secures Financing for 10 Stadler Passenger Trains

Saudi Arabia's Saudi Arabia Railways (SAR) has signed a financing agreement with the Saudi Export-Import Bank (Saudi EXIM), KfW IPEX-Bank, Commerzbank, and UBS Switzerland to finance the acquisition of 10 new passenger trains from Swiss rolling stock manufacturer Stadler. The agreement was signed in Berlin on the sidelines of InnoTrans 2026, an international trade fair for transport technology. This move is part of SAR's efforts to expand and modernize its passenger train fleet to meet the growing demand for rail transportation in the Kingdom. Under the agreement, SAR will finance the purchase of 10 new passenger trains, each comprising five carriages with a total capacity of 302 seats. These trains are designed with modern technical and operational specifications to enhance passenger comfort, service quality, and operational efficiency. This procurement builds on SAR's 2024 contract with Stadler for the purchase and maintenance of 10 modern passenger trains, bringing the total number of Stadler trains to 20. The additional trains will enable SAR to increase seating capacity, support additional services and journeys, and strengthen connectivity between cities. This expansion supports Saudi Arabia's National Transport and Logistics Strategy and Vision 2030, promoting sustainable transportation and economic development.